Have been primarily trading in options mainly as option buyer (both call and put).
After playing for quite some time in options segment, thought of trying my hands at day trading equities. Idea is to start with low capital, and high leverage and try for couple of days.
I'm an experienced trader with discipline, and decent risk appetite. That implies strict stop loss, and strict profit booking strategy in place. No deviation.
Couple of details :
Capital : For few days: Rs. 5000 post that: 50K
Intra day Trading Brokerage: 0.07% both legs
Margin Available : 10X
Margin using: 10X
Stop Loss: 1% of total leveraged capital
Profit Target: 1% of total leveraged capital
(Using 10X leverage, will imply 1% profit/loss of leveraged capital translates to
10% profit/loss of original capital deployed)
Minimum Stocks across capital deployed: 2
Maximum Stocks across capital deployed: 5
After playing for quite some time in options segment, thought of trying my hands at day trading equities. Idea is to start with low capital, and high leverage and try for couple of days.
I'm an experienced trader with discipline, and decent risk appetite. That implies strict stop loss, and strict profit booking strategy in place. No deviation.
Couple of details :
Capital : For few days: Rs. 5000 post that: 50K
Intra day Trading Brokerage: 0.07% both legs
Margin Available : 10X
Margin using: 10X
Stop Loss: 1% of total leveraged capital
Profit Target: 1% of total leveraged capital
(Using 10X leverage, will imply 1% profit/loss of leveraged capital translates to
10% profit/loss of original capital deployed)
Minimum Stocks across capital deployed: 2
Maximum Stocks across capital deployed: 5